Category: Investor’s Corner

“Conversion of $300,000 of the debt by Radius results in its holding approximately 13% of the currently issued shares of the Company,” said President, Lawrence Page Q.C. “We welcome Radius as a significant shareholder of our Company due to the depth of experience of its principals in the mineral exploration sector. This transaction, coupled with the recent acquisition by Electrum Global Holdings…

Audra Walsh, President and CEO of Sierra Metals, commented: “2014 was an exceptional year for the Company, as reflected in this year’s financial and operational results. Revenues and operating cash flows in 2014 increased by 20% and 124%, respectively, despite a 19% and 7% decline in annual realized silver and copper prices, respectively. The increase in revenues in 2014 was driven mainly by higher throughput at our three operating mines…

Two financings in Canada’s metals and mining sector were called off on Thursday, a reminder that market conditions remain fragile and volatility can scuttle management’s best-laid plans very quickly.

Gold Resource Corporation declares its monthly instituted dividend of $0.01 per common share for March 2015 payable on April 23, 2015 to shareholders of record as of April 13, 2015. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA.

Timmins Gold Corp. is pleased to announce that the Company is scheduled to mail its Management Information Circular dated March 23, 2015 in connection with its previously announced arrangement with Newstrike Capital Inc. on March 30, 2015. The annual and special meeting of Timmins Gold security holders to vote on the Arrangement and other corporate matters is scheduled for April 29, 2015.

Radius Gold Inc. announces that as a result of the conversion of $300,000 of a debt owing to Radius by Southern Silver Exploration Corp. Radius has acquired direct ownership of 6,000,000 common shares in Southern Silver. The Shares were issued at a deemed price of $0.05 per Share and represent 13.49% of Southern Silver’s outstanding common shares.

Scott Drever, Chief Executive Officer and Director, stated; “2014 was another challenging but successful year for SilverCrest, as we transitioned from an open pit heap leaching operation at Santa Elena to an underground mining and milling operation. By the start of the fourth quarter, we had successfully commissioned both the underground mine and the 3,000 tonnes per day mill and processing facilities. SilverCrest achieved 93%…

“We had a good start to 2014, though water management slowed development into the Rodilla and 623 mantos later in the year,” stated Brendan Cahill, President and Chief Executive Officer. “Production results during the second half of the year were disappointing, with higher operational costs due to an increased focus on development. That said, improved water management is a clear path to improving production, profitability and cash flows from Platosa, even at current silver prices, and we are increasingly confident in our plan to solve Platosa’s water issues permanently.

Jim Bannantine, the Company’s President and Chief Executive Officer stated “Despite a difficult time in the market, we have been able to finance Aura’s requirements twice during 2014 with the support of our lenders, pay down our third party debt requirements and exceed the top end of our production guidance at our gold mines in 2014.

Morro Bay Resources Ltd., a gold and silver exploration company targeting historic mining districts in the prolific Durango Silver belt, today announced it has engaged CHF Investor Relations, a highly regarded Canadian investor relations firm headquartered in Toronto, as its IR partner.